Dish Network creditors have rejected a bond exchange offer required for Dish’s planned merger with DirecTV, creating uncertainty about the deal. The creditors objected to a $1.5 billion minimum loss on the bonds, calling for an additional $300 million reduction.…
AMC Networks added 200,000 streaming subscribers in Q3 2024, reaching 11.8 million, while streaming revenue grew by 7% to $152 million. However, U.S. advertising revenue declined by 10%, offset slightly by international growth. The company is prioritizing digital-first advertising strategies…
The Hollywood Reporter examines John Malone’s strategic portfolio shifts, with analysts predicting possible asset spin-offs at Warner Bros. Discovery (WBD) to unlock value, and a tax-efficient merger between Charter Communications and Liberty Broadband. These moves align with Malone’s focus on…
Sony Pictures faced mixed outcomes in Q2, with declines in home entertainment and theatrical revenues offset by strong growth in streaming and music. Group-wide, Sony’s net income surged 75%, driven by strategic gains in gaming and third-party content licensing. Sony’s…
Paramount Global reported its second consecutive quarterly profit in streaming, driven by a $49 million gain and 3.5 million new subscribers for Paramount+. Overall revenue fell 6% due to declines in the TV and film segments, with linear TV profits…
Lionsgate reported mixed fiscal Q2 2025 results, with total revenue of $948.6 million but declining profits across segments, largely due to increased costs and Starz subscriber losses. The company lost 1.2 million Starz customers as streaming and linear subscriptions dropped.
Xperi reported Q3 revenues of $132.9 million, with notable growth in its pay-TV segment, reaching $81.67 million. The company nears 1 million TiVo-powered smart TVs, mostly in Europe, and anticipates reaching 2 million by year-end, when units are expected to…
Penn Entertainment’s Q3 revenue met expectations at $1.64 billion, with strong growth in its ESPN Bet segment, which saw a 24.6% revenue increase to $244.6 million. However, losses in the segment nearly doubled to $90.9 million, emphasizing the importance of…
Vice Media has appointed Matt Moore as group Chief Financial Officer, bringing extensive media finance experience from roles at Product Madness, ITV, Virgin Media, and BSkyB. Moore joins during Vice’s restructuring under Fortress Investment Group following its 2022 bankruptcy and…
Banijay Group reported a 3.5% decline in its entertainment and live revenue to €688.9M ($743.6M) in Q3 2024, with production revenues dropping 9.2% and distribution sales down 8.4%. However, live experience revenues surged by 127.5%. Despite declines in content sales…
